With some loans exceeding 1,000 pages and hundreds of document types, manual classification of these documents is time-consuming and labor intensive. Ephesoft identifies, classifies and organizes loans faster and more accurately than any human.
In fact, customers report the ability to process at over 20 times the speed of manual human classification. No barcode separator sheets are needed for document identification, unlike other systems. Ephesoft’s mortgage data extraction can identify, extract and validate hundreds of key fields within a package in a fraction of the time and cost of manual data entry.